REGISTERED COMPANY NUMBER: 08112993 (England and Wales) REGISTERED CHARITY NUMBER: 1148298
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
FOR
HOME-START NORTH WEST KENT LTD.
Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN
HOME-START NORTH WEST KENT LTD.
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
HOME-START NORTH WEST KENT LTD.
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects for which the charity is established are:
a) to safeguard, protect and preserve the good health, both mental and physical of children and parents of children;
-
b) to prevent cruelty to or maltreatment of children;
-
c) to relieve sickness, poverty and need amongst children and parents of children;
d) to promote the education of the public in better standards of child care within the environs of North West Kent.
"Home-Start aims to increase the confidence and independence of the family by:
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offering support, friendship and practical assistance;
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visiting families in their own homes, where the dignity and identity of each adult and child can be respected and protected;
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reassuring parents that difficulties in bringing up children are not unusual and encouraging them to enjoy family life;
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developing a relationship with the family in which time can be shared and understanding can be developed, using a flexible approach to take account of different needs;
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encouraging parents' strengths and emotional well-being, for the ultimate benefit of the children;
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encouraging families to widen their network of relationships and to use effectively the support and services available within the community."
The Trustees confirm that they have regard to the guidance issued by the Charity Commission on public benefit.
ACHIEVEMENT AND PERFORMANCE
Scheme Achievements and Performance
-
Post Covid volunteer recruitment numbers back to usual, thankfully
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65 home visiting volunteers at any one time, supporting vulnerable families - with 160 families referred
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Successfully back on track with all Lottery project targets including
-
Benefits Clinic
Healthy Cooking Classes
-
Autistic Spectrum + Post Natal Depression Group Support
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Domestic Abuse Facilitation Training
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Post Covid increased Mental Health issues are being addressed thanks to a Kent Community Foundation grant increasing volunteer training.
And Hoarding Disorder training has been introduced
- Part-time Swanley Project Worker Kerry aims to increase volunteer numbers in that area, in order to support more families
FINANCIAL REVIEW
Reserves
The unrestricted fund is available in it's entirety to meet administration costs of the charity. The restricted funds are available to meet the direct charitable costs according to the terms of the individual grant. Home-Start North West Kent have a reserves policy to maintain sufficient funds in deposit accounts with the bank, to enable core fund expenses to be met for a period of six months, should sufficient funding not be obtained.
Going concern
The trustees consider the charity a going concern and the accounts have been prepared on that basis.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The strategic policy and overall management of the charity is directed by its Board of Trustees, who are also responsible for taking major decisions. These trustees shall hold office from the annual general meeting at which they were elected until the conclusion of the next annual general meeting. The day to day management of the charity is overseen by its management committee.
The trustees have examined the major strategic and operational risks that the charity faces and confirm that systems have been established to enable regular reports to be produced so that necessary steps can be taken to lessen these risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08112993 (England and Wales)
Page 1
HOME-START NORTH WEST KENT LTD.
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
Registered Charity number 1148298
Registered office
2 Temple Hill Square Dartford Kent DA1 5HZ
Trustees
Ms P Hill Family Liason Officer Ms R Currans Councillor J Hawkes HR Strategic Planning Manager Ms S Gow (resigned 21/6/2022) K Deamer Accountant Ms P Jones-McGill School family liason officer Ms T James Senior Practitioner Health Visitor. (appointed 21/6/2022) Mrs D A Funge Retired Head Teacher (appointed 21/6/2022)
Company Secretary
Ms D J Bowler
Independent Examiner
Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 25 October 2023 and signed on its behalf by:
Ms P Hill - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME-START NORTH WEST KENT LTD.
Independent examiner's report to the trustees of Home-Start North West Kent Ltd. ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Emma Duda
Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN
Date: October 2023
Page 3
HOME-START NORTH WEST KENT LTD.
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 31,407 Investment income 2 467 Total 31,874 EXPENDITURE ON Raising funds 853 Charitable activities Direct charitable activities 23,808 Other 822 Total 25,483 NET INCOME/(EXPENDITURE) 6,391 RECONCILIATION OF FUNDS Total funds brought forward 70,904 TOTAL FUNDS CARRIED FORWARD 77,295 |
Restricted funds £ 93,232 - 93,232 67 122,926 - 122,993 (29,761) 55,100 25,339 |
31/3/23 Total funds £ 124,639 467 125,106 920 146,734 822 148,476 (23,370) 126,004 102,634 |
31/3/22 Total funds £ 142,099 |
|---|---|---|---|
| 118 | |||
| 142,217 | |||
| 1,077 | |||
| 124,869 | |||
| 863 | |||
| 126,809 | |||
| 15,408 | |||
| 110,596 | |||
| 126,004 |
The notes form part of these financial statements
Page 4
HOME-START NORTH WEST KENT LTD.
BALANCE SHEET 31 MARCH 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 2,094 CURRENT ASSETS Debtors 8 1,956 Cash at bank and in hand 82,984 84,940 CREDITORS Amounts falling due within one year 9 (9,739) NET CURRENT ASSETS 75,201 TOTAL ASSETS LESS CURRENT LIABILITIES 77,295 NET ASSETS 77,295 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 25,338 25,338 1 25,339 25,339 25,339 |
31/3/23 Total funds £ 2,094 1,956 108,322 110,278 (9,738) 100,540 102,634 102,634 77,295 25,339 102,634 |
31/3/22 Total funds £ 2,941 - 137,777 |
|---|---|---|---|
| 137,777 | |||
| (14,714) 123,063 126,004 |
|||
| 126,004 | |||
| 70,904 55,100 126,004 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 25 October 2023 and were signed on its behalf by:
P Hill - Trustee
The notes form part of these financial statements
Page 5
HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes, as follows:
Lottery Fund Grant - To provide funding for salary costs, general running costs and overheads. Little Buddies - To provide funding to give support to parents Downs Syndrome Group CAF Families Grant - To provide funding to employ Family Advice workers. Children in Need - To provide funding for Temple Hill Youth Centre and Children's Activities. Home Office Capital Grant - To provide funding for office equipment
Capacity Builders - To provide funding for provision of consultancy services and equipment purchases. Reconnect - To provide funding to help children and young people reconnect to their pre-pandemic lives.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. INVESTMENT INCOME
| 31/3/23 | 31/3/22 | |
|---|---|---|
| £ | £ | |
| Deposit account interest | 467 | 118 |
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continued...
HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31/3/23 | 31/3/22 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 847 | 980 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
| Average number of employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 34,244 Investment income 118 Total 34,362 EXPENDITURE ON Raising funds 1,027 Charitable activities Direct charitable activities 23,664 Other 863 Total 25,554 NET INCOME 8,808 RECONCILIATION OF FUNDS Total funds brought forward 62,097 TOTAL FUNDS CARRIED FORWARD 70,905 |
31/3/23 4 Restricted funds £ 107,855 - 107,855 50 101,205 - 101,255 6,600 48,499 55,099 |
31/3/22 |
|---|---|---|
| 4 | ||
| Total funds £ 142,099 118 |
||
| 142,217 | ||
| 1,077 124,869 863 |
||
| 126,809 | ||
| 15,408 110,596 |
||
| 126,004 |
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continued...
HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
7. TANGIBLE FIXED ASSETS
| 7. | TANGIBLE FIXED ASSETS | ||
|---|---|---|---|
| Fixtures | |||
| and | |||
| fittings | |||
| £ | |||
| COST | |||
| At 1 April 2022 and 31 March 2023 | 31,111 | ||
| DEPRECIATION | |||
| At 1 April 2022 | 28,170 | ||
| Charge for year | 847 | ||
| At 31 March 2023 | 29,017 | ||
| NET BOOK VALUE | |||
| At 31 March 2023 | 2,094 | ||
| At 31 March 2022 | 2,941 | ||
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31/3/23 | 31/3/22 | ||
| £ | £ | ||
| Other debtors | 1,956 | - | |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31/3/23 | 31/3/22 | ||
| £ | £ | ||
| Bank loans and overdrafts (see note 10) | - | 12,040 | |
| Social security and other taxes | 2,695 | 2,098 | |
| Accrued expenses | 7,043 | 576 | |
| 9,738 | 14,714 | ||
| 10. | LOANS | ||
| An analysis of the maturity of loans is given below: | |||
| 31/3/23 | 31/3/22 | ||
| £ | £ | ||
| Amounts falling due within one year on demand: | |||
| Bank overdrafts | - | 12,040 | |
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continued...
HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
11. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1/4/22 | in funds | 31/3/23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Core fund | 30,904 | (10,830) | 20,074 |
| Contingency fund | 40,000 | 17,221 | 57,221 |
| 70,904 | 6,391 | 77,295 | |
| Restricted funds | |||
| Big Lottery Fund Grant | 40,199 | (14,860) | 25,339 |
| Home Office Capital Grant | 31 | (31) | - |
| Capacity Builders | 36 | (36) | - |
| Children In Need | 3,327 | (3,327) | - |
| Little Buddies | 4,609 | (4,609) | - |
| Reconnect | |||
| 6,898 | (6,898) | - | |
| 55,100 | (29,761) | 25,339 | |
| TOTAL FUNDS | 126,004 | (23,370) | 102,634 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Core fund | 14,653 | (25,483) | (10,830) |
| Contingency fund | 17,221 | - | 17,221 |
| 31,874 | (25,483) | 6,391 | |
| Restricted funds | |||
| Big Lottery Fund Grant | 83,632 | (98,492) | (14,860) |
| Home Office Capital Grant | - | (31) | (31) |
| Capacity Builders | - | (36) | (36) |
| Children In Need | - | (3,327) | (3,327) |
| Little Buddies | - | (4,609) | (4,609) |
| Kent Community Foundation | 9,600 | (9,600) | - |
| Reconnect | |||
| - | (6,898) | (6,898) | |
| 93,232 | (122,993) | (29,761) | |
| TOTAL FUNDS | 125,106 | (148,476) | (23,370) |
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continued...
HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds Core fund Contingency fund Restricted funds Big Lottery Fund Grant Home Office Capital Grant Capacity Builders Children In Need Little Buddies Reconnect TOTAL FUNDS |
At 1/4/21 £ 22,097 40,000 62,097 40,447 41 75 3,327 4,609 - 48,499 110,596 |
Net movement in funds £ 8,807 - 8,807 (248) (10) (39) - - 6,898 6,601 15,408 |
At 31/3/22 £ 30,904 40,000 |
|---|---|---|---|
| 70,904 40,199 31 36 3,327 4,609 6,898 |
|||
| 55,100 | |||
| 126,004 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Core fund | 34,362 | (25,555) | 8,807 |
| Restricted funds | |||
| Big Lottery Fund Grant | 99,854 | (100,102) | (248) |
| Home Office Capital Grant | - | (10) | (10) |
| Capacity Builders | 1 | (40) | (39) |
| Reconnect | |||
| 8,000 | (1,102) | 6,898 | |
| 107,855 | (101,254) | 6,601 | |
| TOTAL FUNDS | 142,217 | (126,809) | 15,408 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 10
HOME-START NORTH WEST KENT LTD.
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Investment income Deposit account interest Total incoming resources EXPENDITURE Charitable activities Wages Pensions Premises costs Insurance Telephone Postage and stationery Advertising Travel Office expenses Staff training Consultancy, course fees & Talks Facilitating work Support costs Finance Bank charges Hospitality expenses Fixtures and fittings Information technology Repairs and renewals Governance costs Accountancy and legal fees Administration and bookkeeping IT support Total resources expended Net (expenditure)/income |
31/3/23 31/3/22 £ £ 13,186 19,945 111,453 122,154 124,639 142,099 467 118 125,106 142,217 95,042 81,025 2,317 2,070 11,325 7,676 983 701 2,979 2,494 945 856 - 546 2,410 1,735 1,773 2,026 - 75 3,038 3,318 9,515 6,709 130,327 109,231 72 96 2,413 2,356 848 980 3,333 3,432 - 146 822 864 11,594 11,136 2,400 2,000 14,816 14,000 148,476 126,809 (23,370) 15,408 |
|---|---|
This page does not form part of the statutory financial statements
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